What is the current price of Inverse Finance (INV)?

The current price of Inverse Finance (INV) is 40.96524108056566 AUD, representing a +1.07 from the day prior.

Can I buy Inverse Finance (INV) on Coinstash?

Yes - you can easily buy and sell Inverse Finance (INV) on Coinstash. Simply login or sign up, to start buying Inverse Finance (INV) in minutes.

Where is the best place to buy Inverse Finance (INV) in Australia?

The best place to buy Inverse Finance (INV) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Inverse Finance (INV) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of Inverse Finance (INV)?

The trading volume of Inverse Finance (INV) is 602.6K AUD in the last 24hrs, representing a +1.07 from the day prior.

How can I buy Inverse Finance (INV)?

Inverse Finance (INV) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of Inverse Finance (INV)?

The current market cap of Inverse Finance (INV) is 24.5M AUD.

Can I convert Inverse Finance (INV) to cash?

Yes - With Coinstash you can convert your Inverse Finance (INV) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many Inverse Finance (INV) are there?

The current circulating supply of Inverse Finance (INV) is 594.6K.

Is Coinstash a safe place to buy Inverse Finance (INV) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Inverse Finance (INV) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy Inverse Finance (INV)

What is Inverse Finance?

Inverse Finance is a decentralised autonomous organisation (DAO) that develops and manages a suite of financial products. These include the FiRM fixed-rate lending protocol, DOLA (a debt-backed decentralised stablecoin), and sDOLA (a yield-bearing version of DOLA). It focuses on providing decentralised financial services such as lending, borrowing, and synthetic assets within its ecosystem.

How does Inverse Finance work?

Inverse Finance operates on the Ethereum blockchain using a Proof of Stake (PoS) consensus mechanism. It leverages smart contracts to manage its suite of financial products, including the FiRM lending protocol and the synthetic assets like DOLA and sDOLA. Governance is handled through the DAO, where INV token holders participate in decision-making regarding the platform's operations and treasury.

What are the potential use cases for Inverse Finance?

Inverse Finance's use cases include:

Lending and Borrowing: Users can borrow DOLA by staking INV on FiRM.
Synthetic Assets: It enables the creation of synthetic assets for yield generation on stablecoins, which can be invested in other tokens.
Governance: INV holders participate in decision-making processes through the DAO.
Staking: INV can be staked to earn rewards and as collateral for loans.
Fees and Liquidity Provision: INV is utilised for fees and incentivising liquidity providers.

What is the history of Inverse Finance?

Inverse Finance was founded by Nour Haridy in late 2020, launching its INV airdrop shortly thereafter. In 2021, it acquired Tonic Finance, expanding its offerings. The platform has faced security challenges, such as a hack in April 2022. Nonetheless, it has continued to grow by partnering with other protocols and deploying the DOLA stablecoin on newer exchanges and networks, such as Coinbase's L2 network, Base, enhancing its market presence and technology offerings.